trailertrashguru

Subprime Mortgage Lessons from the Used Car Lot

Why is it these guys can never spell? Apparently the revolution will also do away with literacy.

Stock Dividend Yields vs. Interest Rates: An 80 Year History

I'd suggest that, given the dates on your chart, you saw the perception of reduced risk after the period of the Great Depression (and what was so great about it?) and WWII. I suspect that investor psychology has come to see risk as being controlled. And I agree that this is probably a long-cycle phenomena, and will revert from one to the other over decades. The Chinese curse: May you live in interesting times.

Macro Analysis and Market Application

I always read and appreciate Mr. Ritholtz' comments. Here, I believe, he summarizes my own investment process...which is to attempt to create a 'gestalt' picture of market action. There are so many factors influencing a single stock price that are not quatifiable one must resort to a more 'chaos theory' -oriented means in order to position oneself. Since each investor's goals and situation are more or less unique, there is no one solution to the problem.

In a sense, it's Zen. And like Zen, a certain equanamity in the face of turmoil is required.
Thanks Barry. You're the coolest investment writer I know of.